Stocks end in the red; banks dip
Greek stocks failed to hold on to mid-session gains yesterday, ending 0.44 percent in the red under the weight of weak banks.
The Athens bourse’s benchmark general index ended at 1,322.27 points, after touching on an intra-session high of 1,341 points.
The blue chip FTSE/ATHEX 20 index eased 0.60 percent to end at 590.02 points and the mid-cap FTSE/ATHEX 40 index dropped 0.21 percent to 1,357.77 points.
Banks dropped 1.03 percent, bringing losses in the last three months to just over 35 percent.
National Bank dipped 0.42 percent to 4.78 euros while Alpha Bank lost 2.27 percent to end at 3.44 euros. Eurobank EFG gave up 2.40 percent to 3.26 euros.
OTE telecom also underperformed, falling 2.70 percent to 6.84 euros and power company PPC shed 1.46 percent to end the day at 10.15 euros.
Turnover reached 90.5 million euros, versus 108 million euros in the previous session.